PPP Loan information for Lee iron and metal company inc.

$290,900

Lee iron and metal company inc. was initially approved for PPP Loan of amount $290,900, the current approved amount is $290,900. The loan was approved on 04/10/2020 by The Truist Bank reported 37 jobs and $290,900 was used to fund payroll.

Lee iron and metal company inc. is Existing or more than 2 years old

LEE IRON AND METAL COMPANY INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LEE IRON AND METAL COMPANY INC.

Borrower Address

2219 S HORNER BLVD

Borrower City

SANFORD

Borrower State

NC

Borrower Zip

27330-5861

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290900.00

Current Approval Amount

290900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SANFORD

Project County Name

LEE

Project State

NC

Project Zip

27330-5861

CD

NC-09

Jobs Reported

37

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

290900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293178.72

Forgiveness Date

01/28/2021

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